Complete Listing

916 - 924 L'Ilménite, Sorel-Tracy

Cost per Unit (CPU)
39 000 $
Gross Revenue Multiplicator (GRM) 7.1
Net Revenue Multiplicator (NRM) 16.7
Capitalization Rate (CAP)
6.0 %

7 units located in Sorel-Tracy : 4 x 4.5 + 3x2.5. Built in 1963, wood structure. Electricity, heating and hot water paid by the owner. Electrical panels in each unit. Building to optimize, notice to investors.

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System Independent tanks
Electrical Pannels Breakers
Plumbing Copper, PEX for renovated units
Condition of Kitchens 6 average , 1 renovated
Condition of Bathrooms 5 average , 2 renovated
Floor Covering Laminated, wood and ceramic
Environmental Study No
Condition of Roof Good condition
Siding Roughcast and vinyl
Condition of Balconies Wood
Condition of Doors Good condition
Condition of Windows Good condition
Type of Parking Exterior
Intercom and Bell No
Fire System No
Janitor Agreement Yes

Construction

Year Built 1963
Building Type Detached
Construction Type Wood structure
Number of Stories 2
Other Informations

Building type

Number of Units 4 x 4.5 + 3x2.5
Number of Parkings 3
Responsability of Heating Owner
Responsability of Hot water Owner
Responsability of Appliances Owner for the studios
Washer /Dryer Installation No
Laundry No
Other Informations

Significant capital expenditures since 10 years

  • 924 #1 : 100% renovated, paint, floors and walls, bathroom, windows and doors
  • 918 : Painting, floors and bathroom.
  • Painting and floor of common areas.

Other informations

Sale without legal warranty of quality at the risk and perils of the buyer.

Lawn and snow removal entry made by tenant app. # 920 ($ 60 / month)

3x2.5 semi-furnished

The remarks, descriptions, features and financial projections contained in the present document are only for information purposes and should not be considered as being official. The information herein comes from what we consider reliable sources but for which we cannot guarantee the accuracy. It is the buyer’s responsability to verify all the information and to declares himself satisfied or dissatisfied while in the due dilligence process following an accepted promise to purchase.

Financial information

Rent roll

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